Thursday, November 1, 2018

Lupin's net declines

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Lupin has reported 41 per cent decline in net profit in the second quarter of FY19. Consolidated net profit stood at Rs 268 Cr compared to Rs 453 Cr in the year-ago period.

Revenue growth was flat at Rs 3890 Cr on a y-o-y basis. Other income is at Rs 231 Cr.

Lupin closed at Rs 880 in Wednesday's trading, up Rs 3. 

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